Yes I said this to the local newspaper

By
Mortgage and Lending with None currently nmls# 509659
Thirty year fixed rates below 4.75% with no points – house prices back to 1995 levels in some areas. The idiot who buys a house today will be a genius in 5 years…

Comments (4)

Virginia Gingras
West USA Revelation - Gilbert, AZ

Although I believe you are right, the newspapers will find a way to turn your words around...be careful in what you say!

May 14, 2011 10:04 AM
Phil Hillerman
Crye-Leike Realtors® - Rogers, AR
Crye-Leike Realtors®

I think they are smart today! ;)  In 5 years maybe they will retire.  Have a great day.

May 14, 2011 10:05 AM
Adam R. Cohn
STANDARD MORTGAGE CO. - Delray Beach, FL
We actually get mortgages closed FAST!

lol thats funny.

Have a great day!

Adam R. Cohn

May 14, 2011 10:11 AM
Alan Gross
PrimeLending, A PlainsCapital Company, Equal Housing Lender - Bethesda, MD
Loan Consultant

I've been saying for a while we have a "perfect storm" in real estate with low prices and low interest rates. The prices wont stay down forever and one of the few guarantees I will make is that interest rates will go up.

May 14, 2011 12:15 PM

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